Mativ Holdings Inc. (MATV)
Total asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,981,100 | 1,974,800 | 1,974,500 | 2,119,000 | 2,297,800 | 2,505,600 | 2,681,500 | 2,439,600 | 2,167,400 | 1,897,700 | 1,607,200 | 1,558,600 | 1,440,000 | 1,329,000 | 1,224,700 | 1,101,100 | 1,074,400 | 1,033,500 | 1,010,600 | 1,026,300 |
| Total assets | US$ in thousands | 2,447,900 | 2,623,100 | 2,607,500 | 2,652,700 | 2,642,400 | 3,117,800 | 3,648,900 | 3,674,800 | 3,675,900 | 3,712,700 | 2,395,300 | 2,441,900 | 2,412,800 | 2,419,800 | 2,423,300 | 1,587,500 | 1,584,900 | 1,590,600 | 1,578,100 | 1,655,200 |
| Total asset turnover | 0.81 | 0.75 | 0.76 | 0.80 | 0.87 | 0.80 | 0.73 | 0.66 | 0.59 | 0.51 | 0.67 | 0.64 | 0.60 | 0.55 | 0.51 | 0.69 | 0.68 | 0.65 | 0.64 | 0.62 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,981,100K ÷ $2,447,900K
= 0.81
The total asset turnover of Mativ Holdings Inc. has gradually increased over the past few years, indicating improved efficiency in generating sales from its total assets. The ratio ranged from 0.62 in March 2020 to 0.81 in December 2024. There were fluctuations in the ratio over the periods, with some quarters showing decreases, such as in June 2021 and September 2022, which may suggest temporary challenges in utilizing assets effectively to generate revenue. However, overall, the trend demonstrates a positive trajectory in the company's ability to generate sales from its asset base, reflecting potential improvements in operational efficiency and asset utilization.
Peer comparison
Dec 31, 2024